At a Glance
- Tasks: Lead pricing transformation projects and shape the future of insurance pricing.
- Company: Dynamic actuarial team within a leading London Market firm.
- Benefits: Competitive salary, career growth, and the chance to influence change.
- Other info: Opportunity to lead projects and develop your skills in a fast-paced environment.
- Why this job: Make a real impact on pricing strategies and drive innovation in the insurance market.
- Qualifications: Qualified actuary with strong London Market experience and a passion for problem-solving.
The predicted salary is between 70000 - 90000 £ per year.
IGA Talent Solutions is looking to speak with senior Pricing Actuaries with strong London Market / Lloyd’s experience. This role sits within a fairly large actuarial team but, more importantly, it offers the opportunity to step into a "No.2 position" within a specialist team, helping shape and build out a growing Pricing capability over the next few years.
It’s a good fit for someone who enjoys the technical side, but is interested in bigger-picture macro aspects: how pricing actually works and impacts across a business, how overall capabilities can be transformed, the direction of travel in the insurance market, and how they can have a bit more influence in these changes.
- Pricing & Underwriting Transformation
- Leading sizeable pricing / underwriting change programmes across London Market and Specialty lines
- Capability reviews looking end-to-end at how pricing functions are set up (models, governance, data, tech deployment, skills, people)
- Advising on pricing approach, strategy, operating model design, technical model design, segmentation, and overall risk selection
- Supporting technology platform / tooling changes
- Building out portfolio steering frameworks and helping improve underwriting performance
- Taking strategy and turning it into something that actually works in practice
- Working closely with senior stakeholders on pricing strategy and direction
- Getting involved in wider data / analytics / decision-making initiatives
- Portfolio reviews and general performance improvement work
- Occasionally involvement in special projects, exploring new products, emerging risks, and other non‑BAU pieces
- Opportunity to shape, budget, resource and lead projects yourself, not just deliver against them
You’d be operating across a broad mix of Lloyd’s / London Market and Specialty business, so you naturally get exposure to different underwriting models, platforms, and ways of doing things. The role has great visibility internally: you’ll have influence on direction, growing the team, and developing people as the capability scales.
The successful candidate will be a qualified actuary with strong previous experience who enjoys the faster pace of a project/programme environment, enjoys problem solving, and wants to influence change. Apply with your CV today. Alternatively, reach out to Oliver Howley via email or DM for a confidential chat.
Deputy Lead – Pricing Actuary (London Market) employer: IGA Talent Solutions
As a leading UK financial services organisation, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our flexible working arrangements empower you to achieve a healthy work-life balance while contributing to impactful investment strategies in a highly regulated environment. Join us to be part of a well-established team that values innovation, sustainability, and collaboration, offering you the chance to make a meaningful difference in the financial landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Lead – Pricing Actuary (London Market)
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like IGA Talent Solutions). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like IGA Talent Solutions. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Deputy Lead – Pricing Actuary (London Market)
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at IGA Talent Solutions.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at IGA Talent Solutions. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at IGA Talent Solutions
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at IGA Talent Solutions to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at IGA Talent Solutions, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding IGA Talent Solutions's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
